PANNING CAPITAL MANAGEMENT, LP Information

510 MADISON AVE., NEW YORK, New York, 10022, (212) 916-1860

Report Date: 06/30/2014

Position Statistics

Total Positions 14
New Positions 5
Increased Positions 8
Decreased Positions 5
Positions with Activity 13
Sold Out Positions 3
Total Mkt Value (in $ millions) 306

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials
Capital Goods
Conglomerates
Consumer Cyclical 4.44%
Consumer/Non-Cyclical
Energy
Financial 9.32%
Healthcare
Services 8.47%
Technology
Transportation 12.39%
Utilities 36.48%

14 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
NAVIGATOR HOLDINGS LTD SHS 63,272 -496 (0.78) 2,009,264
NEXTERA ENERGY INC CORP UNIT 43,224 34,639 403.46 800,000
NEXTERA ENERGY INC COM 38,056 38,056 New 400,000
BALTIC TRADING LIMITED COM 37,934 25,295 200.12 7,281,018
MGIC INVT CORP WIS COM 28,534 28,534 New 3,417,189
GLOBALSTAR INC COM 25,943 25,943 New 6,437,400
ANTERO RES CORP COM 25,195 25,195 New 435,000
KINDER MORGAN INC DEL WT EXP 052517 16,508 3,026 22.45 4,522,697
GENERAL MTRS CO COM 13,576 13,576 New 400,000
DYNEGY INC NEW DEL WT EXP 100217 8,100 -9,317 (53.49) 2,000,000
BOARDWALK PIPELINE PARTNERS LP UT LTD PARTNER 5,769 New 300,000
AMERICAN AIRLS GROUP INC COM -12,344 Sold Out 0
GENERAL MTRS CO WT EXP 071019 -1,617 Sold Out 0
GENWORTH FINL INC COM CL A -58,199 Sold Out 0